Through the end of April, the S&P 500 Index gained more than 5%. But here’s the catch: most of that came from just 10 stocks.
When markets are this narrow, one stumble could take everything down. It’s the downside of today’s technology boom.
Now, I’m always one for caution. But worrying isn’t going to make you any money. If you think the environment is frothy, one great strategy is to find assets that are likely to succeed no matter what the market does.
For that, consider spinoffs…
This post originally appeared at DailyWealth.